How to Invest in EEStor
- 1). Understand what an equity partnership is. When private or start-up companies don't have enough money to continue operations, they will request capital from venture capital or private equity funds. The venture capital or private equity fund will require an ownership (read: equity) stake in the company in exchange for funds.
- 2). Look up the company ZENN Motor Company. This is the only equity partner in EEstor which is publicly traded. In 2007, the company paid approximately $2.5 million for a 3.8 percent equity stake in EEstor.
- 3). Go to Yahoo! Finance. Yahoo! Finance is the top-ranked investment research portal as rated by Alexa.com. Enter "ZNN.V" into the space provided for "Quotes." This is the ticker symbol for ZENN Motor Company. As of November 15, 2009, ZENN Motor Company was trading at US$4 with a 52-week range of $1.70 to $6.50.
- 4). Decide how many shares you would like to purchase of ZENN Motor Company. Take the amount you would like to invest and divide by current price for an estimate of how many shares you will purchase.
- 5). Purchase and track shares. Contact your broker or go to your online broker to make a purchase. If you do not have a discount online broker, you can sign up with E-Trade, Ameritrade or Scottrade and fund your account in a matter of minutes or days depending on the way you choose to fund the account.
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